The e-mail alert added that the forms can be transmitted for PATS, or Participants Acceptance Testing, on Feb. 15, 2011, for the 11:00 am drain. However, according to IRS spokesperson Christina D'Amico, the drain, which is essentially a “data dump,” is only a technical process. The IRS will be able to start accepting the forms after 11:00 am on Monday.
The IRS said last month that it would be able to start processing the forms on Feb. 14, but did not specify a time (see IRS to Start Processing Itemized Returns on Feb. 14).
- Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit